Settings8H · net · $10k
Funding arb · Price arb /

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0123%/8h= −13.5% APRpaid last 24h −0.030%
Price spread now: Ondo Perps against HTX−0.185%7-day average −0.217% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.233%−$23 on $10k
Price spread, last 4 days (all we have)+0.027%+$3 · spread now −0.185%, 7d avg −0.217%
Together, before fees−0.206%+ Points / potential airdropOndo Perps: Active · farm board−$21 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.033% dearer against HTX than usual: you sell high and buy low (spread −0.185% now, against its 7-day average of −0.217%): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 21 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX QQQ-USDT742.030get 0.0000% / 8h6m 56s$251K$41K30x
ShortOndo Perps QQQ-USD.P740.66−0.0123pay 0.0015% / 1h6m 56s$4.2M$1.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against HTX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$25.87
Price spread: −0.185% → −0.217%
$3.29
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$39.59
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: HTX: live order book, 30 min ago; Ondo Perps: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 30 min ago2.69 bp8.7 bp −$99.9 bp −$99doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

QQQ on 28 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX QQQ/USD [ETH-USDC]L −0.0177% / S +0.0265%1h741.75−0.038%$25K26xas long as short
Ondo Perps QQQ-USD.Pshort−0.0123%1h740.66−0.185%$4.2M$1.8M20x
Gate QQQ_USDT−0.0094%8h741.22−0.109%$3.3M$21.7M50xas long as short
BloFin QQQ-USDT−0.0019%8h741.34−0.093%$1.1M$274K20xas long as short
Aster QQQUSDT0.0000%8h741.74−0.039%$824K$864K20xas long as short
Bybit QQQUSDT0.0000%8h741.73−0.040%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h741.56−0.063%$21.5M$28.4M50xas long as short
RISEx QQQ/USDC0.0000%1h741.49−0.073%$5.4M$5.9M25xas long as short
Bitget QQQUSDT0.0000%8h741.88−0.020%$16.5M$5.3M20xas long as short
Variational Omni QQQ0.0000%8h741.57−0.062%$16.8M$7.2Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX QQQ-USDT0.0000%8h742.04+0.001%$2K$1.7M10xas long as short
Deribit QQQ_USDC-PERPETUAL0.0000%1h741.34−0.093%$424K$156K20xas long as short
HTX QQQ-USDTlong0.0000%8h742.03long leg$251K$41K30x
Phemex QQQUSDT0.0000%8h742.00−0.004%$358K$1.6M10xas long as short
Coinbase International QQQ-PERP-INTX+0.0016%1h741.14−0.120%$1.2M$487K20xas long as short
Binance QQQUSDT+0.0025%8h741.77−0.035%$70.3M$140.6M25xas long as short
Lighter QQQ+0.0032%1h741.53−0.067%$7.7M$15.4M30xas long as short
Lighter RH QQQ+0.0032%1h741.88−0.020%$37.4M$81.5M50xas long as short
Arcus QQQ-USD+0.0040%1h740.84−0.160%$647K$1.7M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h742.64+0.082%$337K50xas long as short
KuCoin QQQUSDTM+0.0100%8h741.32−0.096%$3.4M$356K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h741.13−0.121%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h741.43−0.081%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h740.98−0.142%$92K$1K10xas long as short
Nado QQQ-PERP+0.0140%1h741.27−0.102%$1.6M$744K20xas long as short
GRVT QQQ_USDT_Perp+0.0144%8h741.77−0.035%$314K$2.0M10xas long as short
Phoenix QQQ+0.0227%1h741.17−0.116%$38K$65K20xas long as short
edgeX QQQUSDC+0.0942%4h741.62−0.055%$758K$335K20xas long as short